However, Indoor Sports Complex may be a new name for people living in rural India. But in the present lifestyle it has seen a huge demand in the cities. As we all know, we Indians have been showing interest in different types of sports since ancient times.
And with the passage of time, the interest of Indians has increased, especially among the urban population, considerable interest in sports can be seen. Where people stop taking part in sports with increasing age. But his interest in sports never wanes.
The growing age people may not be able to actively participate in sports, but watching sports is included in their interest. The passion for sports among teenagers and youth can be clearly seen. In such a situation, the need of Indoor Sports Complex in cities is also increasing.
Talking about outdoor sports, they require land to play, that is, open fields are required to play such games. Therefore, sportspersons showing interest in sports cannot expect that all kinds of facilities will be available to them immediately.
In such a situation, if those youths find a place where they can get other facilities immediately, then they do not hesitate to travel a little and cover the distance. Although indoor games do not require a lot of space. But still it is not a very difficult task to reach the Indoor Sports Complex to the sports lovers.
For an aspiring and simple person who is willing to spend on indoor sports, it is easy to reach games like table tennis, squash, carrom. However, facilities for indoor games are available in clubs or some institutions. But membership of clubs is expensive, while in institutions, this stigma is limited to their students only.
Some companies i.e. corporate campuses may also have the facility of Indoor Sports Complex. But these are available only to their employees, guests etc. Overall, there is no such facility for a large population of the city who are sports enthusiasts. Hence it provides an opportunity to the aspiring person to become an entrepreneur.
What sports will the Indoor Sports Complex cover?
Indoor Sports Complex Indoor games only will be included. Therefore, the entrepreneur can offer the following games to his customers through this game complex.
- Table tennis
- Basketball
- Squash
- Skating rink
- Different card games
- Chase
- Carrom etc.
The aim of the entrepreneur should be to attract sports enthusiasts around the place where his complex is located. The definition of the surrounding area can be determined by the entrepreneur on the basis of the perception of the members. If the member wishes to travel only one kilometer from his home for availing such facility, then the entrepreneur has to determine the surrounding area as one kilometer only.
But if the members feel that, they can go even five kilometers away from their home to play games at the Indoor Sports Complex. So the entrepreneur can also determine the surrounding area to be five kilometers. On the lines of gym, the entrepreneur can offer membership of this complex to the people.
Indoor Sports Complex Market
This project is related to the sports industry, games are played by people either for fun, or to participate in competitions. Due to the increase in the income of the people and globalization, a lot of enthusiasm can be seen in the Indians towards sports.
This is the reason that sports like badminton and chess have become more popular in India than before. There is no doubt that the time to come will be helpful in the development of the sports industry in India. An entrepreneur starting his own Indoor Sports Complex can target the population in the age group of 9 to 35.
The majority of the entrepreneur’s target population may be students and working adults, who will usually be able to afford a membership to the complex. The entrepreneur can keep its business model similar to that of the gym. Some fee waiver may be given to those who subscribe to the annual membership.
How to Start an Indoor Sports Complex
Indoor sports complex can be successful only and only in cities, in a city with a population of between 15 to 60 lakhs, starting this type of business can be a good idea. And the entrepreneur’s complex should be at such a location where middle and upper middle class resides.
That is to say, the middle and upper middle class resides in the radius of three kilometers of that location. In this, those families in the age group of 9 to 35 can live as the target customers of the entrepreneur, whose annual income is at least five lakh rupees. So let us know how an aspiring person can start his own Indoor Sports Complex.
1. assess the place
By location estimation, we mean the place where people can come and play their favorite game. Although the amount of space required by the entrepreneur to start his own indoor sports complex will depend on the number of units of each indoor game the entrepreneur wants to set up. Some information related to the required place is as follows.
- An entrepreneur may require 10 square meters of space for a table tennis unit. And if the entrepreneur puts 6 units of this, then he will need 10×6 = 60 Square Meter space for table tennis.
- One unit of basketball may require 150 square meters of space.
- For one unit of boxing, 40 Square Meter and if two units are installed then it will require 80 Square Meter space.
- Squash may require up to 70 square meters of space per unit.
- A skating rink will require 15 square meters of space per unit and if the entrepreneur sets up two units, 30 square meters of space will be required.
- 5 Square Meter per unit for card game and 30 Square Meter space if the entrepreneur planning to start Indoor Sports Complex is planning to set up 6 units for this.
- Chase will require 3 square meters of space per unit and 18 square meters for 6 units.
- Carrom will require 5 square meters per unit and 6 units will require 30 square meters of space.
- For other games that can be started on time basis, the entrepreneur can make provision of additional space of 25 Square Meter if he wishes.
In this way, an entrepreneur may need around 400 square meters of space to start his own Indoor Sports Complex. But the entrepreneur should assess the space on the basis of his project. Because if the entrepreneur wants to set up fewer units of a game, then the space required will automatically decrease.
2. buy the necessary equipment
As a necessary equipment, the entrepreneur needs to buy playing equipment. These include carrom, chess, squash, basketball, card games and whatever other indoor games the entrepreneur wants to offer to their customers. Requires purchase of games and their accessories.
Not only this, the entrepreneur starting the Indoor Sports Complex also needs to buy accessories, furniture etc. to set up the unit of the game. Therefore, the entrepreneur should first ask for quotation from some supplier. Then analyze them and negotiate with the best supplier.
3. Obtain license and registration
If the entrepreneur wishes, he can register his business under the Shops and Establishment Act. This registration can be easily done by the entrepreneur from the local authority like Municipal Corporation, Municipality, Gram Panchayat etc. Apart from this, the entrepreneur may also need to do tax registration and open a current account with the bank.
Since a lot of people will come here to play games, the venue must meet emergency standards. Hence the entrepreneur may also require safety clearance.
4. hire staff
The next step for an entrepreneur starting an indoor sports complex should be to recruit employees. In the initial phase of the business, the entrepreneur should try hard to find cheap employees. Entrepreneur will need a manager, who can also look after the work of supervision.
There may also be a need to employ at least two housekeepers to maintain cleanliness and hygiene in the complex. There may also be a need to hire two relievers, one to look after the account and one for the maintenance, one for the employee account and one for the admin.
5. promote the complex
Although this type of Indoor Sports Complex will provide the facility of playing sports to its customers. It will not provide any kind of training and coaching in the initial phase. Therefore, the entrepreneur can tie up with any external coaching if he wants. So that if any member of the complex wants to take coaching of any particular sport etc., then he can refer it.
Entrepreneur can adopt various offline and online methods to promote his Indoor Sports Complex. Offline methods include making banners, posters, pamphlets, etc., pasting them at various locations and distributing them. So online methods include promoting your business by making Google ads, Facebook ads etc.